ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Wednesday, June 10, 2009

Scan 10 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FTEC RESOURCES BHDLong6/10/20090.055270040023.282420
KUMPULAN PERANGSANG SELANGOR BHLong6/10/20092.141023230025.984217
MINPLY HOLDINGS (M) BHDLong6/10/20090.2143000020.372317
TANCO HOLDINGS BHDLong6/10/20090.135117110024.312722
BINAIK EQUITY BHDShort6/10/20090.72512900051.723841
HEKTAR REAL ESTATE INVESTMENT TShort6/10/20090.950500025.952835

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